lets get the party started n play

Sounds like Genneva to me Got guarantee buy back ?



No such company exist in SSM. No website also. Are you trying to mislead people thinking your "gold program" is run by a big listed company ?



This is Bank Negara publication warning investor against gold scam company. Why you link here ? What are you implying about your company ?

sure...why not if the spread is very low..

Gold Rallies to One-Week High

Gold hit a one-week high on Thursday as the dollar fell after the U.S. Federal Reserve stunned markets by choosing not to cut back on its asset-buying programme for now.

"If people have a view that this is a game changer for the Fed, then that may change their perception of what's good value for gold," Standard Chartered analyst Dan Smith said.

"(We) are seeing that the Fed will only start tapering in March 2014 because of the change in emphasis from the labour market to inflation."

Higher prices kept buyers away in Asian markets, with China closed for the Mid-Autumn Festival holiday and demand in India curbed by official restrictions on imports.

India's central bank and government have taken several steps this year to curb bullion imports in an effort to reduce its record trade deficit.

March is the same month where gold price start to drop again...speculation again?..hmm

Finally its coming, first legitimate Gold Futures to be launched by Bursa Malaysia Derivatives on 7th October

http://www.cmegroup.com/tools-information/...130916.html#BMD

Gold price was stagnant between 1360 - 1368 since yesterday. This is boring

This post has been edited by hey_there: Sep 20 2013, 11:40 AM

Now rm142/g

http://jinjack.net/vdraw/grab/gold_rate/

Err.. no. I'm staying the long side to play this time.

Price target: 1425-1430 and I''ll be out.

When reached till that price u will say wait till 1500-1550 haha

The price chart looks "flat" only. Will the price go up again or dropped? Only time can tell

yea larr.. guess we will only be seeing some movements next week. i think it'll be flat/stagnant like this for the rest of the day.

is bursa Malaysia coming out with Gold Future ETF?

not ETF...it's an exchange traded futures contract

What do you mean by exchange traded futures contract?

exchanged traded means it is listed on the Bursa Malaysia, similar to the stocks market
difference is you can open short position and all your trades are guaranteed

Thank you for the kind explanation. I'm investing in gold now using the maybank gold investment account. I think, it is not worthy as the bank earned a lot from it.

yes thats the disadvantage investing through a bank as the spread can be quite wide..the good thing is you will be able to hold it for longer term as opposed to futures contract

This post has been edited by dEviLs: Sep 20 2013, 03:38 PM

I see.. So are you a full time Gold trader?